Extreme wreaths inc makes wreaths in batches of 12 at a

Assignment Help Accounting Basics
Reference no: EM13592873

Extreme Wreaths, Inc. makes wreaths in batches of 12 at a time. The cutting process takes 4 minutes per wreath, the assembly process is 6 minutes per wreath, and the decorating process time is 7 minutes per wreath. It takes 5 minutes to move the wreaths from the cutting process to the assembly process. The cutting and assembly process are done at the same time, but only one wreath can be decorated at a time.

In a effort to improve the lead time, the company has tried reducing the batch size to 8 units. The new process is as follows: cutting process - 3 minutes, assembly process - 4 minutes, and the decorating process is still 7 minutes per wreath. It takes 5 minutes to move the wreaths from the cutting process to the assembly process. The cutting and assembly process are done at the same time, but only one wreath can be decorated at a time.

(a) Compute the value added, nonvalue added, and the total lead time of the wreath process for both the old and the new manufacturing process.

(b) Management is considering manufacturing a new product to increase plant usage which is now at 70% of capacity. How should management organize the production activities to remain efficient? What principles should they incorporate from JIT manufacturing practices to accomodate and facilitate new product production?

Reference no: EM13592873

Questions Cloud

On december 1 2013 colonel wilder borrowed 400000 at 12 : on december 1 2013 colonel wilder borrowed 400000 at 12 interest and pledged 500000 in accounts receivable as
Question a student measures 545 cm3 of chloroform using a : question a student measures 5.45 cm3 of chloroform using a glass syringe. given that the density of chloroform is 1.48
Bugaboo co manufactures three types of cookies fluffs : bugaboo co. manufactures three types of cookies fluffs crinkles and snaps. the production process is relatively simple
A straight line ab with slope passes through the point of : question a straight line ab with slope passes through the point of intersection of two other straight lines whose
Extreme wreaths inc makes wreaths in batches of 12 at a : extreme wreaths inc. makes wreaths in batches of 12 at a time. the cutting process takes 4 minutes per wreath the
Find the equation of each line in standard form with : question find the equation of each line in standard form with solvings pleasea x intercept -2 slope 12b passing through
Which of the following statements does not describe an : which of the following statements does not describe an employees fica taxes and withholdings?a.employees taxes are
What is the magnitude of their intial momentum what is the : question it is crash-test-dummy eds first day on the job. he and his 50-kg mass gets to try out the new 1200-kg porsche
What is the volume of the bubble when it reaches the : an air bubble has a volume of 1.20 cm3 when it is released by a submarine 115 m below the surface of a lake. what is

Reviews

Write a Review

Accounting Basics Questions & Answers

  Talboe company makes wheels which it uses in the production

talboe company makes wheels which it uses in the production of childrens wagons. talboes costs to produce 230000 wheels

  Which of the following is false regarding the issue of

which of the following is false regarding the issue of stock versus the issue of bonds to raise capital?the issuance of

  Sunkiss corporation has 4 billion in assets 3 billion in

sunkiss corporation has 4 billion in assets 3 billion in equity and earned a profit last year as the economy boomed of

  Discuss the trial balance columns of a work sheet

The company credits the lockbox fees of customers who pay in advance to the Unearned Lockbox Fees account. Of the amount credited to this account during the year, $5,630 had been earned by August 31.

  Prepare a journal entry showing the completion of the

vista landscaping uses a job order costing system to track the costs of its landscaping projects. the company provides

  Prepare a bank reconciliation for bend company

The canceled checks returned by the bank included a check written by DeVoe Company for $6,987 that had been deducted from Bend's account in error.

  What is the amount of the check

What is the amount of the check?

  Although accounting information is employed by the wide

although accounting information is used by a wide variety of external parties financial reporting is primarily directed

  Assume that pp is considering changing from its original

assume that pp is considering changing from its original capital structure to a new capital structure with 35 debt and

  The worldwide credit card inc uses standards to control the

the worldwide credit card inc. uses standards to control the labor time involved in opening mail from card holders and

  Prepare a schedule of expected cash collections for the

the east division of kensic company manufactures a vital component that is used in one of kensics major product lines.

  Danielle company produces the special spray nozzle the

danielle company produces a special spray nozzle. the budgeted indirect total cost of inserting the spray nozzle is

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd